Playsafe Playgrounds Limited

Playsafe Playgrounds Ltd from Elsted UK is a small company with an active status, established 29 years ago. It employs 17 people and holds £644,212 in assets, operating from a real address. The company is managed by four directors and has one owner, currently rated 3.0 on Google based on ten reviews. It's a regular importer of toys, games, and sports equipment, with 21 months of import activity recorded.

The company specializes in the construction of civil engineering projects, offering playground equipment installation and surfacing services. Its website details a range of solutions, from traditional playground installations to specialized wet pour surfaces and artificial grass. It caters to various sectors, including local authorities, schools, and construction companies. It seems to be focused on providing a full-service solution, from design and installation to ongoing maintenance. There's a clear emphasis on safety and quality, with mentions of accreditation and case studies showcasing completed projects. The site also highlights a separate division focusing on piano restoration, suggesting a diversification of business interests.

Financially, Playsafe Playgrounds Ltd shows a mixed picture. Current assets increased by 17% to £640,000, while net assets increased by 27% to £250,000. Bank borrowings increased by 20% to £71,000, and cash reserves fell 100% to just £1. Trade creditors increased by 21% to £200,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the decline in cash reserves is a cause for concern. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Playsafe Playgrounds Ltd seems to be a steady, if somewhat cash-strapped, operation. The diversification into piano restoration could offer new revenue streams, but it also adds complexity. The company’s reputation for quality playground installations should help it maintain its customer base, but careful financial management will be essential for long-term success.

Registered in England/Wales under the registration number 03165281, with a registered address at GU29 0JS, Elsted, Midhurst West Sussex, The Carthouse, Goldrings Farm.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.